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ISO 15022
Data Field Dictionary

MT506: (60) Field 25D: Status Code: Settlement Status

FORMAT

Option D :4!c/[8c]/4!c (Qualifier)(Data Source Scheme)(Status Code)

PRESENCE

Optional in conditional (see rule C11) sequence D

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

SETT

N

 

D

Settlement Status

DEFINITION

This qualified generic field specifies:

SETT

Settlement Status

Provides the status of settlement of an instruction/financial instrument movement.

CODES

If Data Source Scheme is not present, Status Code must contain one of the following codes:

PEND

Pending Settlement

Collateral instruction is pending. Settlement at the instructed settlement date is still possible.

SETT

Settled

Collateral was settled.